Globalization - The Pros and Cons Argumentative Essay by jaberwocky

Globalization - The Pros and Cons
Discussion of the positive and negative aspects of globalization.
# 144793 | 945 words | 2 sources | MLA | 2009 | US
Published on Oct 07, 2010 in Economics (International) , Economics (National) , Economics (Globalization)

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This paper explores the advantages and disadvantages of moving into a globalized economy. The paper describes the benefits and opportunities globalization offers developing nations. The disadvantages of globalization are seen in a lack of understanding cultural and legal differences between countries. Despite these obstacles, the paper views a globalized economy as a reality, and argues that the US and other nations accept the international accounting standard or risk losing trade partners.

From the Paper:

"Today we live in what is called a "global economy". In order to succeed as a country, we must involve ourselves and educate ourselves in foreign affairs. This extends into the business world as well. In order for a manager to be successful, it is crucial that he/she keeps up with the trends and business practices of other countries. Chapter 1 of the International Business text book gives a brief overview of international business- what it is, why it is important, and what the current debate is both in favor and against it, a topic that has been in the news lately as the United States debates over whether or not they want to make the transition to a globalized accounting system."

Sample of Sources Used:

  • Iwata, Edward. "U.S. considers costly switch to international accounting rules." USA Today. January 6, 2008. < 2009-01-05-international-accounting-rule-switch_N.htm?csp=34>
  • Ball, McCulloch, Geringer, Minor, and McNett. International Business: The Challenge of Global Competition. 11th ed. New York: McGraw-Hill Companies, 2008.

Cite this Argumentative Essay:

APA Format

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MLA Format

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